parora
Well Known Member
Hi All,
My client has a number of trucks that it uses to transport and issue material to its various job sites. Generally speaking, most of their technicians have their own preassigned truck. However, they do have some “floater” trucks that some of their technicians also sign for and use, throughout the course of a day.
To get a true cost of performing a job, they would like to perform some level of job costing of their trucks. They should be able to track some costs of their truck’s costs to the job relatively easily, e.g. mileage to a specific job site and parking expenses associated with a specific job.
Each technician is also required to fill out a time sheet, indicating the jobs he’s worked on. We are currently recording this time to the P&L based on his actual hourly rate, without any additional charges/overhead associated with a truck that he may have used.
I’m looking for best practices surrounding this area, especially interested in any processes that you have seen in place surrounding job costing of trucks, what other truck costs are usually job costed, and whether time entry is usually performed at an employee’s actual hourly rate or at some additional burdened rate.
Thanks for your assistance.
My client has a number of trucks that it uses to transport and issue material to its various job sites. Generally speaking, most of their technicians have their own preassigned truck. However, they do have some “floater” trucks that some of their technicians also sign for and use, throughout the course of a day.
To get a true cost of performing a job, they would like to perform some level of job costing of their trucks. They should be able to track some costs of their truck’s costs to the job relatively easily, e.g. mileage to a specific job site and parking expenses associated with a specific job.
Each technician is also required to fill out a time sheet, indicating the jobs he’s worked on. We are currently recording this time to the P&L based on his actual hourly rate, without any additional charges/overhead associated with a truck that he may have used.
I’m looking for best practices surrounding this area, especially interested in any processes that you have seen in place surrounding job costing of trucks, what other truck costs are usually job costed, and whether time entry is usually performed at an employee’s actual hourly rate or at some additional burdened rate.
Thanks for your assistance.
